Exxon, NNPC ordered to pay Ibeno oil spill compensation
A Nigerian court has ordered Nigerian National Petroleum Corp. (NNPC) and Mobil Producing Nigeria (MPN) pay 82 billion naira ($199.5 million) in compensation for an oil spill.
E&P
Shareholder vote turns against FAR plans
Shareholders in MSGBC Basin-focused FAR have rejected the company’s remuneration report, although backing various corporate measures.
Congo cancels Gertler’s Lake Albert permits
Congo Kinshasa has cancelled two permits held by billionaire Dan Gertler’s Oil of DRCongo.
Predator spuds Morocco well
Predator Oil & Gas Holdings has spudded the MOU-1 well, in Morocco.
Eni eyes Akoma over Afina offshore Ghana
An Eni delegation visited Ghana this week to hold talks on expanding its Sankofa hub, although with no comments on unitisation with the Afina find.
Gabon sets out last steps for epic offshore licence round
Gabon will conclude its licensing roadshow in France or Switzerland on June 28, following an event in Texas on June 23.
Vaalco contracts Borr jack-up
Vaalco Energy has signed a contract with Borr Drilling for a jack-up for work on the Etame Marin block.
FAR lines up Stena rig for Gambian exploration
FAR has booked a Stena Drilling rig for an exploration well in The Gambia at the end of the year.
Italy to investigate prosecutors of Eni in OPL 245 case
Italy’s Ministry of Justice has launched an administrative investigation of the trial of Eni over alleged corruption in Nigeria.
Sonangol seeks buyers for its blocks
Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
TotalEnergies dishes out Tilenga work
Total E&P Uganda has signed conditional letters of award for surface facilities and drilling packages under its Tilenga project, in western Uganda.
Sound buys out Schlumberger in Morocco deal
Sound Energy is buying out partner Schlumberger from its position in shared eastern Moroccan acreage.
ReconAfrica signs JOA with Namcor on Kavango exploration
Reconnaissance Energy Africa has signed a joint operating agreement (JOA) with Namcor.
McDermott, Sinopec take $2bn Tilenga job
TotalEnergies has chosen McDermott and Sinopec International Petroleum Service Corp. to carry out work Uganda’s Tilenga project.
Trident to begin Elon drilling this month
Trident Energy will begin drilling in Equatorial Guinea’s Block G on June 22, following the arrival of the Sapphire Driller rig.
Lekoil sacks CEO amid loan fall out
Lekoil has sacked its CEO Olalekan Akinyanmi with immediate effect, the company has said.
Sasol signs gas, LPG agreements to launch PSA project
Sasol has signed agreements to supply gas and LPG, allowing work to begin on the up-, mid- and downstream to begin in Mozambique.
ReconAfrica scores with second Namibia well
Canada’s Reconnaissance Energy Africa has found further evidence of a working petroleum system in the Kavango Basin, in the first section of its second well.
Savannah in talks to buy Exxon’s Chad, Cameroon assets
Savannah Energy is in talks to buy ExxonMobil’s entire up- and midstream portfolio in Chad and Cameroon.
Tullow’s non-exec chair Thompson steps down
Tullow Oil’s non-executive chair Dorothy Thompson will step down from the board, triggering a search for a replacement.
Abu Sennan fast tracks discovery into production
The joint venture working at Abu Sennan has started production from a well only two months after the discovery, United Oil & Gas has said.
ReconAfrica warns against short sellers
Reconnaissance Energy Africa continues to come under fire from various sources, including short sellers, but it has received public affirmation for its plans from local government in Namibia.
Valaris wins TotalEnergies well in Cote d’Ivoire
Valaris has won a one-well contract from TotalEnergies for work in Cote d’Ivoire, as operations begin to resume in the West African state.
DPR dishes out marginal field awards
Nigeria’s Department of Petroleum Resources (DPR) has completed the distribution of marginal fields to indigenous companies.
BP, Eni talk potential deals in Algeria – report
BP is considering the transfer of its assets in Algeria to Eni, according to a report from Reuters.